Insurance Journal
OCTOBER 21, 2024
Data and technology leaders at insurance organizations are gung ho about using GenAI to increase customers satisfaction, reduce operating costs and improve risk management, but few are fully ready to comply with regulations or to monitor AI results.
Splash: Finance and Insurance
OCTOBER 21, 2024
Greek bulker owner Diana Shipping has struck a refinancing deal with Danish Ship Finance. The Danish lender has provided $80.2m to the New York-listed company to refinance the existing loan the duo previously agreed to and originally maturing in April 2028 while secured by nine vessels.
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Insurance Journal
OCTOBER 21, 2024
A 25-year-old Alabama man was arrested on Thursday for hacking the U.S. Securities and Exchange Commission’s X account this year as part of an alleged conspiracy to manipulate bitcoin prices, U.S. prosecutors said.
Insurance Marine News
OCTOBER 21, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Fire on products tanker in Singaporean Strait appeared first on Insurance Marine News.
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
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Insurance Journal
OCTOBER 21, 2024
Almost two weeks after Hurricane Milton made landfall near Sarasota, Florida, as a Category 3 storm, claims and loss totals continue to rise. As of Oct.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
OCTOBER 21, 2024
A federal appeals court has underscored the high bar that expert witnesses must meet before a court can connect the dots between exposure and illness, a ruling that could have an impact on insurance claims and toxic tort litigation.
Insurance Marine News
OCTOBER 21, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Juneau voters reject cruise ship ban appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 21, 2024
William Berg, an insurance producer and former financial advisor from Waukee, Iowa, was sentenced to nine years in prison on Friday after pleading guilty in federal court to wire fraud and money laundering charges.
Insurance Marine News
OCTOBER 21, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Vessel sinks after Dakar allision appeared first on Insurance Marine News.
Advertiser: Trellis
Insurance professionals use Trellis to streamline claims management by analyzing legal trends, predicting outcomes, and strategizing effectively to serve clients better. Adjusters can evaluate claim validity, estimate settlement amounts, and identify potential litigation risks. Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and mor
Insurance Journal
OCTOBER 21, 2024
Media baron Rupert Murdoch’s Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a “massive amount of illegal copying” of their copyrighted work.
Insurance Marine News
OCTOBER 21, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maersk commences Ukraine weekly feeder service appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 21, 2024
California’s 2025 minimum and maximum temporary total disability rates will increase on Jan. 1, 2025, the Division of Workers’ Compensation announced. The minimum TTD rate will increase from $242.86 to $252.03, and the maximum TTD rate will increase from $1,619.
Property Insurance Coverage Law
OCTOBER 21, 2024
I thought my last blog mentioning my friend Kermith Sonnier would be Public Adjuster Kermith Sonnier Passes. The Fifth Circuit Court of Appeals changed that with an extensive discussion of Kermith’s expert damages testimony and opinions in the case analyzed in yesterday’s post, Church Mutual Prevails in Latest Hurricane Laura Bad Faith Case: Key Differences … The post Lessons For Expert Damage Estimators From Kermith Sonnier’s Back-To-Life Legal Highlight appeared first on Property Insuran
Insurance Journal
OCTOBER 21, 2024
Ping An Insurance (Group) Co. of China Ltd. reported on Monday a 36.1% rise in net profit in the first nine months of the year, driven by growing investment returns and new policies sold as the economy recovers.
RiskQuoter
OCTOBER 21, 2024
Cigar smokers – you can get non-smoker life insurance rates! We'll show you which companies offer the best deals based on how often you smoke. Our expertise and competitive rates will save you money. The post Cigar Smokers Never Pay Smoker Life Insurance Rates! appeared first on RiskQuoter.com.
Insurance Journal
OCTOBER 21, 2024
The US Securities and Exchange Commission’s examiners will step up scrutiny of financial firms’ use of artificial intelligence next year, the latest sign of regulators’ growing concerns about the emerging technologies.
Bankers Insurance
OCTOBER 21, 2024
How To Prevent House Fires Since 1922, the National Fire Protection Association has sponsored the public observance of Fire Prevention Week. This year, Bankers Insurance is focusing on the most frequent causes of fire-related losses and sharing tips compiled by Travelers Insurance to help safeguard you and minimize fire losses. Faulty wiring and outlets rank among the leading contributors to house fires.
Insurance Journal
OCTOBER 21, 2024
Miners Vale SA and BHP Group are a step closer to finalizing a deal with Brazilian authorities to provide a multibillion-dollar settlement for one of the country’s worst mining disasters.
CDC: Workers Compensation
OCTOBER 21, 2024
Our goal in public health is to keep people safe from the hazards around them including in the workplace. If you are worried about lead or other possible hazards in your worksite, there is something you can do about it. There’s a program for that The National Institute for Occupational Safety and Health’s Health Hazard Evaluation Program was created to alleviate and address these kinds of concerns.
Insurance Journal
OCTOBER 21, 2024
Texas Attorney General Ken Paxton announced the state has secured a settlement with Marriott International, Inc., that resolves an investigation into a breach of one of the company’s reservation databases.
Insurance Marine News
OCTOBER 21, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 22nd October 2024 appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 21, 2024
DONALDSONVILLE, La. (AP) — Seventeen cars of a train derailed in south Louisiana on Friday, and several leaked a chemical used to sanitize swimming pools, but authorities said it was not a threat to the public.
Insurance Marine News
OCTOBER 21, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Crew member seriously hurt by mooring line appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 21, 2024
State-sponsored residual property markets have seen in influx of risks come in since 2018, with some states growing by more than 200%.
Insurance Marine News
OCTOBER 21, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Consol Energy sues owner and manager of the Dali appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 21, 2024
Weeks after a chemical warehouse fire in Rockdale County, Georgia, released plumes of toxic smoke, nearby residents can now leave their homes at night after officials lifted a shelter in place order.
Insurance Marine News
OCTOBER 21, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Most Lebanon ports still operating appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 21, 2024
Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary cover for this end of the market, double its excess of loss (XOL) limit and introduce a significantly broader risk …
Insurance Marine News
OCTOBER 21, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post “The Russians are compromising security on Northern Sea Route” appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 21, 2024
Starr Insurance reported that South Korea’s Financial Services Commission has granted Starr International Insurance (Singapore) Pte. Ltd., Korea branch, a license to operate in Seoul and begin selling commercial property/casualty insurance throughout Korea.
Triple-I: Homeowners Insurance
OCTOBER 21, 2024
By Lewis Nibbelin, Contributing Writer, Triple-I First-time buyers comprised only 32 percent of the housing market in 2023, according to an annual profile by the National Association of Realtors. Though higher compared to 2022, this number is a stark drop from the 38 percent annual average since 1981. The ongoing risk crisis and housing shortage, paired with rising mortgage rates, compound the issues prospective property owners typically face when purchasing real estate.
Insurance Journal
OCTOBER 21, 2024
South Africa’s National Treasury is exploring regulations to encourage the use of financial instruments to tackle climate change, including catastrophe bonds and parametric insurance.
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